BUSINESS
UTI Nifty 50 Equal Weight Index Fund NFO: Should you invest?
The New Fund Offer of UTI Mutual Fund’s UTI Nifty 50 Equal Weight Index Fund (UNE50) will close on June 5 and will reopen on June 9, 2023, for continuous subscription. Should this fund make it to your portfolio?
BUSINESS
HDFC Mutual Fund sends notice to investors about change of sponsor. What should you do?
A change of sponsor of a fund house is considered a fundamental attribute. As per mutual fund regulations, investors must be given an exit option. HDFC MF’s exit option period ends on June 23.
BUSINESS
Can arbitrage funds sustain the momentum?
Arbitrage funds are expected to be a beneficiary of the decision of taxing capital gains on investments in debt funds at slab rate without indexation. Recent derivative expiry notes released by mutual fund houses are vocal about optimism around the spot-futures arbitrage strategy.
BUSINESS
Our job is to create wealthy investors, not run after them: Parag Parikh AMC
On May 28, 10 years ago, Parag Parikh Flexi Cap, the fund house’s flagship fund and its first scheme, opened up its doors to investors. But the fund house believes it has just got started.
BUSINESS
Mutual funds brace for impact of Sebi consultation paper on total expenses
“Not all is that bad,” say mutual fund industry officials, who Moneycontrol spoke with, on most of the proposals. The inclusion of brokerage costs, though, is a troubling recommendation for a few officials.
BUSINESS
Get paid only if you perform: SEBI’s plan throws MF industry into a tizzy
The proposal followed investor concerns over growing underperformance of MF schemes. Some investors have turned to passive schemes given their low cost, absence of fund manager risk and possibility of achieving near benchmark returns.
BUSINESS
Commissions to drop if SEBI’s proposal to cut MF expense ratio goes through, say distributors
If the proposal goes through, commissions are expected to fall by 25 to 50 bps. Low commissions may see new entrants change their minds, or become a sub-broker of a large national distributor.
BUSINESS
A surgical strike: HDFC MF launches defence-themed fund. Should you invest?
Being the first defence sector Indian mutual fund, the offering may see high investors interest. Still, HDFC Defence fund is not for meant for naïve investors. Only savvy investors may consider exposure and too in a staggered manner.
BUSINESS
Volatility, tax rule tweaks send investors rushing for SIPs, bank FDs to park their money
The drastic fall in equity fund inflows in April 2023 doesn’t suggest fading interest in equities, as flows into systematic investment plans and accounts have gone up. But debt funds face serious competition from fixed deposits and small-saving schemes, say distributors.
BUSINESS
Got your first job? Here's how you can make tax-saving investments
Do not invest with the sole purpose of saving income tax. It is important to clearly define your financial goals when planning tax-saving investments. Here are a few simple tips to save tax and also to push you closer to your financial goals
BUSINESS
Performance-based fee for mutual funds: What stakeholders say
Despite the notion that performance-based fee can make mutual fund managers work better, stakeholders are cautious. Consultation papers are keenly awaited
BUSINESS
We may see a new high on Nifty later this year: Ashish Shanker of Motilal Oswal Private Wealth
Ashish Shanker discusses various asset classes and his expectations. He reiterates that investors should have exposure to multi-asset portfolios to generate healthy risk-adjusted returns in the long term.
BUSINESS
UTI Nifty500 Value 50 Index Fund: A review
UTI Nifty500 Value 50 Index fund aims to provide returns in line with that offered by the underlying index – Nifty 500 Value 50 index. The NFO will close on May 8, 2023
BUSINESS
Dynamic bond funds: At a crossroads
Though many experts see a rate cut by the RBI soon, dynamic bond fund managers have mixed views and are not going all out on long duration portfolio that stands to gain in a falling rate scenario.
BUSINESS
Akshaya Tritiya 2023: Should you invest in gold and silver fund of funds?
Investors need to closely track the performance and expense ratios of the two schemes that are on offer from Edelweiss and Motilal Oswal as they are yet to complete one year.
BUSINESS
How many tax saving schemes do you need?
Tax-saving mutual funds or ELSS (Equity-Linked Saving Schemes) get you Section 80C income-tax deduction benefits. But if you invest in ELSS every year, it may not make sense to have multiple schemes.
BUSINESS
Here is how you should invest after the RBI rate-hike pause
The RBI's decision to keep the repo rate unchanged at 6.5 percent might not get the party started. Debt funds may have lost their tax advantage, but they too look attractive once rates start to fall. The question is where interest rates will go from here. In uncertain times, SIP is your best friend
BUSINESS
RBI pauses rate hikes. Time to ride debt funds
Investments in fixed deposits and small savings schemes are attractive, but do not shun debt funds, they may outperform if interest rates come down
BUSINESS
Fixed deposits or debt mutual funds: Which one is better for you?
Bank FDs offer a certainty of income, but once the interest accrues, you have to pay tax and then reinvest the proceeds immediately, if you don’t need it. Debt funds help prevent such leakages.
BUSINESS
SEBI allows mutual funds to launch multiple ESG-based schemes
ESG factors-based investing is catching up globally. Indian policymakers are also incentivising sustainable investing.
BUSINESS
Hear from wealth managers on the tax changes to debt funds from next month
Though there is a clear tilt towards open-ended funds, some wealth managers prefer to play it safe with target maturity funds (TMFs). Broadly, it makes sense to invest in a scheme the duration of which matches your investment time-frame.
BUSINESS
Wee window to claim indexation benefits till March 31
Though experts are recommending short to medium-duration products for the regular investor, savvy investors are eyeing long-duration funds like Bharat Bond 2031 ETF and Bharat Bond 2032 ETF as well.
MUTUAL-FUNDS
How Finance Bill amendment will affect debt mutual fund investors post April 1
In a big blow to mutual fund (MF) investors, capital gains from debt funds and certain other categories of non-equity MFs are set to be taxed at a higher rate.
BUSINESS
Can a mutual fund investing in US fixed income help meet your goals? A Moneycontrol review
Bandhan US Treasury Bond 0-1 Year Fund-of-Fund will invest in US short-term treasury securities. But with scores of Indian fixed income bond funds giving higher yields, this might not suit everyone.
